TY  - RPRT
        AU  - Chowdhury, Shyamal
AU  - Puente-Beccar, Manuela
AU  - Schildberg-Hörisch, Hannah
AU  - Schneider, Sebastian O.
AU  - Sutter, Matthias
        TI  - Spatial Patterns in the Formation of Economic Preferences
        PY  - 2025/Jul/
        PB  - Institute of Labor Economics (IZA)
        CY  - Bonn
        T2  - IZA Discussion Paper
        IS  - 18015
        UR  - https://www.iza.org/publications/dp18015
        AB  - We investigate how strongly the local environment beyond the family can contribute to understanding the formation of children's economic preferences. Building on precise geolocation data for around 6.000 children, we use fixed effects, spatial autoregressive models and Kriging to capture the relation between the local environment and children's preferences. The spatial models explain a considerable part of so far unexplained variation in preferences. Moreover, the "spatial stability" of preferences exceeds the village level. Our results highlight the importance of the local environment for the formation of children's preferences, which we quantify to be as large as that of parental preferences.
        KW  - prosociality
KW  - risk attitudes
KW  - patience
KW  - local environment
KW  - Kriging
KW  - spatial models
KW  - skill formation
KW  - experiments with children
KW  - Bangladesh
        ER  -